State: Virginia - VA

Commercial Observer Glazer Properties has bought the 48,267-square-foot Backlick Center in Springfield, Va., for $25 million, or $518/sf. Crow Holdings of Dallas sold the retail property, at 6651-6691 Backlick Road, which it had purchased in 2017 for $21 million. Cushman ...

Alexandria Housing Development Corp. has purchased the 196-unit Park Vue of Alexandria Apartments from Covenant Capital Group, financing it with a $51.4 million loan from the Amazon Housing Equity Fund. The property, at 511 Four Mile Road in Alexandria, Va., ...

An affiliate of Box Equities has purchased a 175,000-square-foot medical product-supply facility in Toano, Va., for $22 million, or $125.71/sf. The New York investor bought the two-story property from MICPAR Realty LLC of Williamsburg, Va., in a deal brokered by ...

Fannie Mae provided $96.5 million of senior financing, under its Sponsor-initiated affordability program, against the 569-unit Cityside Huntington Metro apartment complex in the Washington, D.C., suburb of Alexandria, Va. Berkadia's affordable-housing platform arranged the loan, along with a $61.3 million ...

Multi-Housing News Cleghorn Capital has paid $24.3 million, or $121,500/unit, for the 200-unit Breeze River Apartments in Newport News, Va. The 18-building property, at 168 Heritage Way, was purchased from Cohen Investment Group of Norfolk, Va., which had bought it ...

Broad Street Realty has agreed to pay $122 million, or $508,333/unit, for the 240-unit Midtown Row student-housing property next to the College of William and Mary in Williamsburg, Va. The Bethesda, Md., company had developed the property, in return for fees, ...

Washington Business Journal JBG Smith Properties Inc. has finalized its agreement to sell PenPlace, the second phase of Amazon's HQ2 campus in the Crystal City neighborhood of Arlington, Va., to the online retailer for $198 million. The 11.6-acre site, south ...